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Wednesday, September 13, 2017

NPCI Hosts Financial Literacy Through ‘Campus Connect’ for Students

National Payments Corporation of
India (NPCI), the umbrella organisation for all retail payment systems in the
country, is conducting pan-India series of financial literacy campaigns under
its ‘Campus Connect’ initiative.

Nishith Chaturvedi, VP & Head,
Human Resources, NPCI said, “The objective is to create awareness about
significance of having a less-cash society to celebrate World Literacy Day. It
also serves the purpose of pre-placement talk at the campuses before NPCI visits
the institute for campus hiring.

The financial literacy workshops led
by NPCI’s Human Resource vertical have been initiated from August to integrate
digital payments in campuses across the country. Reputed management institutes
of Pune, Hyderabad, Bangalore, Chennai and Mumbai will host over 3000 students
from about 35 universities where they will be familiarised with financial
products like Unified Payments Interface (UPI) / Bharat Interface for Money
(BHIM).

Bangalore’s renowned institutes such
as IIIT, MS Ramaiah Institute of Management, SIT Siddaganga, Thiagarajan
College of Engineering, PES University and Dayananda Sagar College of
Engineering are among the first few to participate in Campus Connect
initiative.

The participants are also encouraged
to participate in ‘NPCI Ideathon’ - brainstorming sessions for presenting fresh
ideas to improvise on UPI / BHIM Apps.

Bharat Interface for Money (BHIM) is
a smart mobile phone based app based on Unified Payments Interface (UPI) that
allows simple, easy and quick payment transactions using UPI. One can easily
make direct bank to bank payments instantly and collect money using Mobile
number or Payment address. It is a unique payment solution which empowers an
individual with immediate send and collect request.